To diversify my portfolio where should I invest further

Currently you are investing Rs 2,000 each in large cap, midcap and ELSS schemes. You wish to increase this monthly SIP amount to Rs 10,000 from the current Rs 6,000.

The 3 funds chosen by you are good selection and you should continue with that.

As you want to diversify your portfolio, we suggest that you invest in diversified/ multi-cap equity funds. You can invest the additional Rs 4,000 per month into one of these diversified equity funds – SBI Magnum Multi-Cap Fund, Birla Sun Life Equity Fund or ICICI Prudential Value Discovery Fund.

This will make your mutual fund portfolio better and diversified.

Hope the above helps you! Thanks for writing to Advisorkhoj!